Quote from: torelle on February 15, 2015, 11:10:50 PM

There are some who would make a case that Josh is Chris of LTCGear.

The scary thing is... it is plausible.

Both have done the Ponzi thing:

1. First make something profitable, to gain customers
(LTCGear shares paid out at beginning, as did the Mining from GAW)

2. Market it, place ads, have affiliate programs to gain more customers
(LTCgear placed ads everywhere, incuding news sites, same with GAW)

3. Convert old product to new product to redirect heightening scam accusations
(GAW miners to Hashlets, LTCGear old to new Gen 2)

4. As ponzi begins to collapse, insert "Special discounts" to create more profits/investors/victims.
(LTCGear Black Friday sale, GAW discounts)

5. Ponzi collapses begin delay tactics to milk the most out of it.
(LTCGear stops payments, has script with delay message advancing it by 1 each day, yet STORE is still open for weeks.
GAW begins Paycoin with many promises, and instead of a script advancing by 1 each day, he has a coin to pump, so the "script" is Josh Garza "pre-announcing" something each day

6. Customers begin to question and accuse scam/ponzi, take legal action etc
(LTCGear has customers begin legal action etc, Chris responds by having a Q & A, while promising new "features" "soon", yet has not delivered payment, or anything substantial guarantees, promises, or verifiable information. Customers ask "Has anyone been paid?" Chris answers "I do not have that statistic yet". I mean.. wtf.
GAW has several Q & A's. First was voluntarily discarded, second was disregarded (Miami), third yet to be seen via Coinbrief, fourth is a badly planned questionnaire via another website resulting in again, more delays to questions, more time to extend the scam, while shutting people up while they wait the allotted 14-30 days for the questions to be answered.)

My Predictions:

LTCGear: Chris will either, charge a "maintenance yearly fee tax" to be paid by customers before they can "access" their payments, then Chris shuts it all down. Or, allow people to "convert" all gen 1 to Gen 2, and begins to scam all over again, like GAW miner's to hashlets, to Paycoin.

GAW: Keep pumping XPY with hype to milk as much as he can, while removing more staff to reduce expenses, produce nothing substantial, have more questionnaires to extend the time, make people convert to Paycoin 2.0.

Quality post.